All Forum Posts by: William Kelly

David Hanson really good input David thank you for sharing your perspective! You guys are awesome. Thanks for all the help!

Bob Razler very well put. Thanks for the insight when I get back in town I will begin my networking.

Below is the email I have sent to 3 different real estate agents to see what they say. None of them have responded to me and it's been almost 2 days. Am I being too upfront? Do they know I'm inexperienced? Please help me critique what I should do or How I say things. Anything will help thanks. (Granite at this moment I am out of town so I found these point of contacts online in my area and have emailed them) I will be back in town in 2 weeks to hopefully meet with them. ACTUAL EMAIL: I have sent you the criteria that I am looking for and was hoping there is some way you can setup automatic updates. I have a few questions that I'm hoping you can answer. 1. Can you set me up with automatic alerts so that whenever homes in my criteria comes up I get an automatic email? 2. Do you have a comp spreadsheet of all types of homes so that I will be able to come up with an ARV on my own and not have to bother you with looking up comps? 3. If so I will be back state side in two weeks and was wondering if you could show me fairly quickly how to read comps and compare using the spreadsheet/data. 4. What other good options besides the VA loan are available? 5. Do I need a pre approval letter before we sit down and make offers on properties? I am looking to purchase my first investment property within the next 90 days as long as all the numbers work. Here is the criteria of the homes I am currently seeking for. Town: Hope mills/Fayetteville (the good parts) Neighborhood: Any with a great amount of potential Property Size: 800sqft-1400sqft Lot Size: Any Property Conditions: Ready to rent/Light rehab Number of Units: SFH/Duplex/Triplex/4-Plex Cap Rate: 12% Price Range: 30k-100k A little background about me: I have lived in Fayetteville for the past 5 years and am actively seeking to get invested in real estate. My goal is to obtain a property in the next 90 days as long as the numbers seem fitting. This will be my first purchase and I plan on purchasing more in the future. I am military so I have access to the VA loan. Although I am still learning the ropes I have done my homework on real estate investing. I look forward to listening to your sound advice on what you think I should do. I will have to finance the property so I am hoping you can show me the best route. I look forward to sitting down with you in a couple weeks to discuss further. Very respectfully,

@Michael S. Thanks so much I figured it out!

I am out in the Fayetteville area as well. Cindy Veit if you've thought about doing a partner deal I would love to see if we can come to an agreement on some fix and flips. For everyone else reading this the same goes to you as well. I am looking at fix and flips mainly and will consider a buy and hold strategy if the numbers seem fitting. Shoot me a message I would love to see all the opportunities with working with you.

What do you guys think? The average rent for this property would be around $750 or so. Also could maybe be a flip as well if everything looks good when looked at? Any opinions and advice will help!!

https://www.zillow.com/homedetails/5435-Archer-Rd-Hope-Mills-NC-28348/53635590_zpid/

I am just starting out and haven't done a single deal. I've been saving some money I have close to 20k right now and want to get started in real estate. I was looking into MF homes but don't think I will be in NC by next year so I was thinking about doing fix and flips. I have been doing a ton of research and want to get started. Anyone near the fort Bragg NC area who does fix and flip? Any good towns I should look in? Any help or advice will help. Thanks.

@larmon cummings jr thank you that does really help and explain a lot !

@larmon cummings jr

@Larmon Cummings Jr I don't understand how people are able to buy these properties for CASH and FAST? Where are you guys getting your funds to buy these investment properties full cash? I only have about 20k saved up right now and looking to get into the direct mail/call options but once a seller calls me on the phone how am I going to purchase the house?

@Krystallin Baker thank you !! For whatever reason the trash can icon was not there and I had to blindly find it by hovering over the non existant trash icon.